Even with increasing health plan costs, most employers say they have no plans to reduce costs in their medical plans for 2021.
Category: Healthcare Finance News
New Jersey hospitals a microcosm of potential COVID-19 financial impact
The last time margins sunk so deeply into the red was after the Balanced Budget Act of 1997, though today’s margins are faring worse.
Geisinger attracts more consumers after deploying provider search and scheduling tech
Since launching the new systems, the health system has increased organic traffic to its website by nearly 30% and increased provider data accuracy by the same percentage.
Two-thirds of Americans say candidates’ healthcare plans, COVID-19 strategy are “very important”
Meanwhile, more than twice as many clinicians said they prefer former Vice President Joe Biden’s healthcare plan to President Trump’s.
Advocate Aurora and Beaumont call off partnership
In making the announcement, neither system mentioned the controversy made public in a letter to the Michigan attorney general.
House passes $2.2 trillion HEROES Act 2.0, including $50 billion in provider relief funds
Passage in the Senate appears unlikely, with the GOP favoring a slimmer, $500 billion package.
President Trump and wife Melania test positive for COVID-19
The news could affect the economy, health system’s financial wellbeing and throw upcoming presidential debates into question.
Cigna expands Medicare Advantage offerings to 67 new counties in 2021
With these expansions, Cigna will offer plans in almost 370 counties across 23 states, a 22% increase from the year before.
Hospitals get extension of loan repayment in continuing resolution signed by President Trump
The American Hospital Association said it would continue to seek a permanent solution, including loan forgiveness.
Walmart partners with Clover Health to offer Medicare Advantage plans in Georgia
This foray marks Walmart’s first steps into the insurance market and follows its recent moves to expand into the health space.
